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Bits & Bytes | Instagram Stories, High-Tech Olympic Apparel

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Source: Instagram
By
  • Helena Pike

"Instagram Takes a Page From Snapchat, and Takes Aim at It, Too" (The New York Times)
"Instagram Stories lets people share photos and videos that have a life span of no more than 24 hours with friends who follow them."

"Olympians Suit Up in High-Tech Apparel to Shave Seconds" (AP)
"With the Rio Olympics around the corner, sport giants are getting innovative with their performance apparel."

"The Rise, Fall, and Sale of Jabong Is the Future for Many Other Indian Startups" (Quartz)
"On July 26, e-commerce major Flipkart acquired Jabong for $70 million—lesser than any of the bids reportedly made for it in the last two years."

"In-Store Fulfilment is No Defence Against Amazon" (The Wall Street Journal)
"E-commerce strategies forged by traditional retailers have critical flaws as storefronts try to meet the online-marketplace cost advantage"

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